Procedure to sell tool

Dear Friends

We are holding excise warehouse and registered with excise authority. Recently we have purchase a tool and we have not taken cenvat credit. Now same we need to sell the other customer which is not used by us.

Basic cost of the tool is 500000

ED-60000

EC-1200

SHEC – 600

Now we plan to sell at 6, 20,000

How do I sell this tool?

Please suggest

Regards

Kumar

Replies (1)

Simply you have to register as first stage deaer and accordingly you can book credit and pass the same to prospective customer if he need so.

Regards

Karan

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